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Business
Chinese developer Sunac makes debt restructuring breakthrough
Receive free Sunac China Holdings updatesWe’ll send you a myFT Daily Digest email rounding up the latest Sunac China Holdingsnews every morning.Chinese developer Sunac has won…
FTX founder Sam Bankman-Fried’s biggest fear in jail revealed by author
The criminal trial for FTX founder and ex-CEO Sam Bankman-Fried on fraud and conspiracy charges began in earnest this week, and the author of a new book about the former…
Alstom shares plunge 37% on cash flow warning
Receive free Alstom SA updatesWe’ll send you a myFT Daily Digest email rounding up the latest Alstom SAnews every morning.Alstom shares plunged as much as 37 per cent on Thursday…
Career challenge: Your boss is younger than you are. How do you handle it?
"Diversity among managers may bring many varying characteristics to their teams," she said, "such as adaptability, openness to feedback, appreciation for flexible schedules,…
Supermarket chain Casino seals cash injection from group led by Daniel Křetínský
Receive free Casino Guichard-Perrachon SA updatesWe’ll send you a myFT Daily Digest email rounding up the latest Casino Guichard-Perrachon SAnews every morning.Heavily indebted…
Mortgage rates race toward 8% as demand plummets to three-decade low
A key measure of home-purchase applications tumbled last week to a nearly three-decade low as consumer demand cooled sharply amid a recent surge in mortgage rates. The…
How the tyres fell off a Blackstone private credit deal
One scoop to start: JPMorgan Chase has stepped up the pace at which it is securitising billions of dollars of its loan portfolio in anticipation of proposed new US capital…
Searches for AI skills on gig platform surge as businesses embrace new tech
Interest in artificial intelligence exploded in the past year after the rollout of ChatGPT caught the public's attention, and fresh data indicates the frenzy for AI-related…
JPMorgan steps up securitisation effort ahead of new US capital rules
Receive free JPMorgan Chase & Co updatesWe’ll send you a myFT Daily Digest email rounding up the latest JPMorgan Chase & Conews every morning.JPMorgan Chase has stepped up…
New data reveals a crash not seen since Great Depression could hit in 2024
As the White House continues to tout the alleged achievements of the president’s "Bidenomics" agenda, a growing amount of data indicates that a gigantic economic crisis could…